Wednesday December 16, 2020 Mortgage Rate Watch - 4:36PM Mortgage Rates Undeterred After Fed Day Today marked the release of an updated policy statement from the Federal Reserve. In other words, it was Fed day! Lots can happen on Fed days--especially those that occur in December ... MND NewsWire - 12:27PM Builder Confidence Pulls Back from Record Levels After setting successive survey highs in September, October, and November, the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) retreated a bit this ... MND NewsWire - 10:30AM Mortgage Application Volume Holds Steady as Rates Test Lows Mortgage application volume was relatively flat as the nation eased into the holiday season. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of that ... MND NewsWire - 10:09AM New Home Sales Declined in November as Economic Recovery Slows The Mortgage Bankers Association (MBA) says applications for new home purchases suffered a significant downturn in November but remain well above the level of activity at the same time ... MBS RECAP: Fed Abstains From Bond-Buying Change, But Powell Delivers Differences Between Previous and Current FOMC Statements MBS Day Ahead: Stimulus Agreement and Fed Announcement on The Same Day? Latest Video More News from 'Around the Web' CNBC - 2:40PM Fed raises its economic outlook slightly, sees 4.2% growth next year and 5% unemployment rate NY Fed - 2:23PM NY Fed's Statement on MBS Purchases CNBC - 2:19PM Fed rate decision and Chairman Jerome Powell's press conference news.google.com - 2:18PM Fed commits to keep buying bonds until the economy gets back to full employment Calculated Risk Blog - 11:31AM AIA: "Architecture billings lose ground in November" news.google.com - 10:30AM Homebuilder confidence drops from record high as high prices hit buyers NY Fed - 9:48AM NY/NJ business activity declined at its fastest pace since June Calculated Risk Blog - 8:51AM Retail Sales decreased 1.1% in November CNBC - 8:51AM The U.S. cities seeing the biggest drop in workers, according to online meeting data CNBC - 8:09AM 10-year Treasury yields rose slightly ahead of the Fed's economic outlook | Today's Rates Average Mortgage Rates 15 Yr. Fixed | 0.00% | 0.00 | +0.00 | 30 Yr. Fixed | 0.00% | 0.00 | +0.00 |
30 Yr. Fixed | 2.85% | 0.33 | -0.05 | 15 Yr. Fixed | 2.49% | 0.29 | -0.02 | 30 Yr. Jumbo | 3.12% | 0.33 | -0.08 | 30 Yr. FHA | 2.96% | 0.42 | -0.01 | 5/1 ARM | 2.58% | 0.36 | -0.02 |
30 Yr. Fixed | 2.71% | 0.70 | +0.00 | 15 Yr. Fixed | 2.26% | 0.60 | +0.00 | 1 Yr. ARM | 2.68% | 0.20 | +0.01 | 5/1 Yr. ARM | 2.79% | 0.30 | -0.07 | Current Mortgage Rates »* FHFA averages are updated monthly. ** Mortgage Bankers Association (each Wednesday) and Freddie Mac (each Thursday) averages are updated weekly. | Secondary Markets 30YR UMBS 2.0 | 103.55 | 0.00 | 30YR UMBS 2.5 | 104.97 | +0.03 | 30YR GNMA 2.0 | 104.13 | +0.06 | 30YR GNMA 2.5 | 104.77 | +0.08 | 15YR UMBS 2.0 | 104.22 | 0.00 | 15YR UMBS 2.5 | 104.20 | +0.02 |
2 YR | 0.1190% | +0.0000 | 5 YR | 0.3670% | +0.0000 | 10 YR | 0.9180% | +0.0067 | 30 YR | 1.6549% | +0.0014 | Prices as of: 12/16/2020 4:52PM EST | Current MBS / Treasury Prices »MBS and Treasury data provided by Thomson Reuters.Mortgage News Daily and MBS Live! are exclusive re-distributors of Real Time Thomson Reuters Mortgage Information.Secondary Marketing Managers: If you are interested in gaining access to the most accurate real-time back-month TBA indications from Thomson Reuters and Tradeweb. Request More Information | |